Italian cement manufacturer Italcementi registered a 3.5% year-on-year increase in consolidated revenues to €4.30 billion (US$ 4.84 billion) in 2015. At the same time, EBITDA fell to €636.3 million from €656.4 million, and operating profit fell to €148.4 million from €234 million. Net loss reached €69.3 million from €48.9 million, while operating cash flow improved by about €218 million. At the same time, net debt equalled €2.17 billion from €2.16 billion. The company announced that it is not
Italian cement manufacturer Italcementi registered a 3.5% year-on-year increase in consolidated revenues to €4.30 billion (US$ 4.84 billion) in 2015.
At the same time, EBITDA fell to €636.3 million from €656.4 million, and operating profit fell to €148.4 million from €234 million.
Net loss reached €69.3 million from €48.9 million, while operating cash flow improved by about €218 million.
At the same time, net debt equalled €2.17 billion from €2.16 billion.
The company announced that it is not to distribute any dividends for 2015, and that it expects to increase its operating margins for 2016.
